Sagace Wealth Management LLC Has $4.59 Million Stock Position in Vanguard Long-Term Corporate Bond ETF $VCLT

Sagace Wealth Management LLC trimmed its position in shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) by 36.2% during the first quarter, HoldingsChannel.com reports. The firm owned 61,406 shares of the exchange traded fund’s stock after selling 34,830 shares during the period. Vanguard Long-Term Corporate Bond ETF makes up approximately 3.1% of Sagace Wealth Management LLC’s portfolio, making the stock its 9th biggest holding. Sagace Wealth Management LLC’s holdings in Vanguard Long-Term Corporate Bond ETF were worth $4,588,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VCLT. Ascentis Independent Advisors raised its holdings in Vanguard Long-Term Corporate Bond ETF by 120.0% in the 1st quarter. Ascentis Independent Advisors now owns 25,872 shares of the exchange traded fund’s stock valued at $1,933,000 after buying an additional 14,112 shares during the last quarter. NBT Bank N A NY acquired a new position in Vanguard Long-Term Corporate Bond ETF in the 1st quarter valued at approximately $4,105,000. HB Wealth Management LLC bought a new position in shares of Vanguard Long-Term Corporate Bond ETF during the first quarter valued at $211,000. Baer Investment Advisory LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF during the first quarter worth $3,742,000. Finally, World Investment Advisors acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF during the first quarter worth $1,836,000.

Vanguard Long-Term Corporate Bond ETF Price Performance

Shares of Vanguard Long-Term Corporate Bond ETF stock opened at $73.87 on Wednesday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $72.92 and a twelve month high of $79.28. The company’s fifty day moving average is $74.84 and its 200 day moving average is $75.52.

Vanguard Long-Term Corporate Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.3422 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 5.6%.

Vanguard Long-Term Corporate Bond ETF Company Profile

Vanguard Long Term Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted corporate bond index with a long-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 10+ Year Corporate Index (the Index). This index includes the United States dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility and financial companies, with maturities greater than 10 years.